YIELD App partners with Africa Blockchain University on NFT education program, empowering and educating local artists
Africa Blockchain University and YIELD App, a digital wealth management platform, are partnering to educate and enable African Artists on Non Fungible Tokens (NFTs). The goal of the program is to help artists realize their value on the open market while securing their intellectual property and improving their financial future through blockchain technology.
The workshop will take place between 8am and 5pm on Thursday, November 25th, at The Golf Course Hotel in Kampala, Uganda. This follows a highly successful event held at the Tanzania National Museum, Darsaalem, in October.
“Artists have often been under-appreciated in Africa, with their works struggling for recognition and broader exposure. While talented, they lack a global marketplace to present their work, which means less appreciation for what they offer in economic terms. NFTs present a solution to this challenge facing Artists in Africa”, says Afrikanus Kofi Akosah Adusei, President, Africa Blockchain University.
YIELD App, which allows users to easily and seamlessly invest in cryptocurrencies for market-leading APYs, is creating a bespoke course curriculum for this event. It will help students to understand how, along with the possibilities and practicalities of minting their art on the blockchain, they can enter the financially beneficial world of decentralized finance (DeFi) to earn higher returns on their income.
In this second workshop conducted by YIELD App, the program will cover:
- Creating African awareness of blockchain and NFTs
- Repatriation of African art via NFTs
- Creating power partnerships between NFT artists and galleries
- Bridging the gap between traditional and digital art
- Wealth creation for local artists through blockchain and DeFi
- Professional networking through crypto adoption
- Simplifying crypto-onboarding via digital wealth management platforms
Sebastian Savolainen, YIELD App’s Regional Director For Africa, comments: “Non-Fungible Tokens (NFTs) present a global opportunity to advance artists into a global marketplace and secure their intellectual property. While many people see NFTs as a fad, or perhaps an art collector or gamers’ oddity, their potential to open up the global economy to people in developing countries is manifold.
“Bridging the gap through education and providing access to digital assets is at the heart of everything we do at YIELD App and inspired us to help with this initiative. We believe that everyone should have access to the best investment opportunities, regardless of their financial or technical knowledge. Together with the University, we hope to teach these inspiring and talented artists how to invest their earnings from NFTs safely, and profitably.”
The Network of NFT African Artists that will come out of this initiative will develop into a Decentralized Autonomous Organization (DAO) in the next couple of years. It will be run and operated by the African artists themselves with an on-chain governance model.
About Africa Blockchain University (ABU)
Africa Blockchain University is a Non-Profit Institution dedicated to promoting blockchain technology throughout the continent of Africa with policy advocacy, research, training, and project incubation. Its mission is to unleash and inspire entrepreneurship abilities in African Youth by equipping them with Blockchain opportunities.
About YIELD App
YIELD App believes that everyone should have access to the best investment opportunities. Its mission is to unlock the full potential of digital assets, combine them with the most rewarding opportunities available across all financial markets and make these available to the world. To achieve this, the company provides an innovative digital asset wealth management platform that bridges traditional and decentralized finance in the easiest way possible. For more information, visit www.yield.app and social media via @YIELDApp